Ugandan bank Pride Bank recruits Beatrice Lugalambi as executive director
By the AFREEQUE newsroom, based on Nile Post
Pride Bank, a Ugandan institution that has moved to tier-two credit institution status, has brought in Beatrice Lugalambi as executive director. With more than 30 years of experience, including management positions at Centenary Bank, Barclays Bank Uganda and Bank of Africa, she joins the leadership team, according to the bank.
Ugandan bank Pride Bank Limited has appointed Beatrice Lugalambi as executive director, according to a statement from the institution. She joins the leadership team as the bank continues its development in Uganda's financial services sector.
Beatrice Lugalambi has more than 30 years of experience in banking and financial services, with expertise in business development, corporate banking, marketing and customer experience. She previously held several management positions at Centenary Bank, including head of corporate communications and marketing, as well as at Barclays Bank Uganda and Bank of Africa. Pride Bank stressed that this appointment comes after its transition to tier-two credit institution status, a change that broadens its capacity to mobilise deposits and offer a wider range of financial solutions.
Pride Bank's managing director, Veronicah Namagembe, said Beatrice Lugalambi's experience and understanding of the market would be valuable for the bank's next phase of growth. "Beatrice joins us at a particularly exciting time, as we have built a solid base in financial inclusion and taken important steps to become a more competitive and diversified financial institution," she said.
